Text: HF00016 Text: HF00018 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 513B.4, subsection 1, paragraph b, Code 1 2 1997, is amended to read as follows: 1 3 b. For a class of business, the premium rates charged 1 4 during a rating period to small employers with similar case 1 5 characteristics for the same or similar coverage, or the rates 1 6 which could be charged to such employers under the rating 1 7 system for that class of business, shall not vary from the 1 8 index rate by more thantwenty-fivefifty percent of the index 1 9 rate. 1 10 EXPLANATION 1 11 This bill increases the amount by which the health 1 12 insurance premium rates charged to small employers with 1 13 similar case characteristics for the same or similar coverage 1 14 may vary from the index rate from 25 percent to 50 percent of 1 15 the index rate. The "index rate" is defined as the average of 1 16 the applicable base premium rate and the corresponding highest 1 17 premium rate for each class of business for small employers 1 18 with similar case characteristics. 1 19 LSB 1203HH 77 1 20 mj/cf/24
Text: HF00016 Text: HF00018 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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